ITC Properties pivots to AI with $12.47 million acquisition
ITC Neocloud Group Ltd. (0199.HK), formerly known as ITC Properties Group Ltd., announced on Tuesday that it plans to acquire 80% of Guangzhou Chaoqi Xiyang Technology Co. Ltd. for 83.6…
Can crypto power supplier Boco plug into the AI boom?
The maker of power units for heavy-duty crypto computing is looking to raise IPO capital for a switch into systems for AI servers and data centers Key Takeaways: Boco Electronics…
BRIEF: AI computing demand drives VNET revenue up 20% in 2025
Data center operator VNET Group Inc. (VNET.US) announced on Monday its revenue rose 20.5% year-on-year to 9.95 billion yuan ($1.42 billion) in 2025, while its adjusted earnings before interest, taxes,…
AI computing boom triggers IPO rush by circuitry firms
Delton Tech is the latest supplier of printed circuit boards to apply for a Hong Kong listing, seeking funds to keep pace with demands from AI computing Key Takeaways: The…
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